Bessent Just Dealt Bitcoin a Winning Hand

The Last Trade: Scott Bessent told yen traders "I am the house now," and one day later the Treasury lifted its buyback program to $6 billion a day while the ten year yield hit fresh highs anyway. Jackson, Michael, and Brian break down what it means when intervention stops moving the tape, why a yen carry trade unwind is the tail risk nobody is pricing, and how Norway's $2.3 trillion fund cutting government bonds fits the same story. --- 🔸 Connect with Onramp: The leader in resilient, fault-tolerant Multi-Institution Custody for secure, end...